TAG: "Basic Customs Duty (BCD)"

News

Strong Demand Outlook for Domestic Solar OEMs Aided by Policy Measures: Report

The business prospects for the domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over the medium-term, predicted by the credit rating agency ICRA Ratings.

Basic Customs Duty (BCD) | February 21, 2022 | By Manu Tayal | 1961

Lower BCD, GST for Green Hydrogen and Battery Storage: Recommends Sumant Sinha to FM Sitharaman

Sumant Sinha recommended to Finance Minister that “for both (Green Hydrogen and Battery Storage), of course, there are PLI schemes as well, but both of those will take 3 or 4 years before they actually come in. So until that point, our recommendation is to keep BCD and GST down for those areas.”

Basic Customs Duty (BCD) | February 07, 2022 | By Manu Tayal | 3035

India Inc Evaluates FM Nirmala Sitharaman’s Green Budget 2022 as Growth Oriented

After providing much-awaited clarity on the implementation of the Basic Customs Duty (BCD) on import of solar PV cells and modules from April 01, 2022, proposing additional Rs 19,500 crore outlay for module manufacturing etc, Finance Minister Nirmala Sitharaman, via her Budget, has provided a number of reasons to indigenous PV makers to celebrate.

Basic Customs Duty (BCD) | February 02, 2022 | By Manu Tayal | 4689